Mobistar net profit drops 12.2% Y/Y in H1 2011.(SeeNews) - Jul 26, 2011 - Belgian telecoms operator Mobistar SA (EBR:MOBB MOBB Month of Browser Bugs (blog site) ) reported today its net profit declined in the first six months of the year by 12.2% in annual terms to EUR EURIn currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 116.2 million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 168.1m). The revenues came in at EUR 819.9 million, a tiny rise of 0.1% year-on-year. Mobistar said on Tuesday its results for the first half of 2011 were significantly affected by the reduction in the mobile termination and roaming rates, which sliced EUR 54.5 million off revenues. The number of active mobile telephony customers rose by 4.9% to about 4.1 million. The Belgian telecoms operator confirmed its projections for the financial results in full-2011. The sales are seen almost flat on the previous year. The net profit is projected at between EUR 220 million and EUR 230 million. (EUR 1.0 = USD 1.447) |
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